Federal regulators said late Monday they expect to begin marketing failed Signature Bank’s loan portfolion later this summer. The portfolio, worth about $60...
Federal regulators said late Monday they expect to begin marketing failed Signature Bank’s loan portfolion later this summer. The portfolio, worth about $60 billion, has been retained in receivership after the bank’s collapse and mostly includes commercial real estate loans, or CRE loans, commercial loans, and a smaller pool of single–family residential loans, the Federal Deposit Insurance Corp. said.
Federal regulators said late Monday they expect to begin marketing failed Signature Bank’s loan portfolion later this summer. The portfolio, worth about $60 billion, has been retained in receivership after the bank’s collapse and mostly includes commercial real estate loans, or CRE loans, commercial loans, and a smaller pool of single–family residential loans, the Federal Deposit Insurance Corp. said.
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